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CENTRE SPENDING REJIG
Centre may rejig spending to meet FY27 fiscal deficit targetThe Indian government is looking at shifting its spending priorities. This is to manage new expenditure needs arising from supply chain iss...- India's undersea turbulence; Anthropic's courtroom winThe government has asked telcos and subsea operators to assess risks to India's data cables amid the war in West Asia. This and more in tod...
- GST Council Meeting: Hour of GST 2.0 arrives; all eyes on Team Modi's Diwali gifts for Indian economyThe keenly-watched GST Council meeting is underway. It will potentially overhauling India's tax structure by reducing it to two primary sla...
- Proposed 2-tier GST structure could lower effective tax rate, boost revenues in long term: S&PS&P Global Ratings suggests that the proposed 2-tier GST structure in India could simplify implementation and potentially boost fiscal reve...
- Is double-engine good? 5 things for stock market investors to track after a thumping BJP-led alliance's Maharashtra winThe BJP-led Mahayuti alliance stormed to a thumping win in India's richest state of Maharashtra after a disappointing show in the general e...
- Income tax cut in Union Budget 2024: India’s middle-class is asking for it but may not get itBUDGET TAX RELIEF: Despite yearly budget hopes, India's middle class likely faces disappointment again over tax cuts amidst inflation. Both...
- Nokia restructuring its India operations, names Tarun Chhabra as new country headThe rejigs and job cuts - in line with global restructuring at the telecom equipment maker - come amid a weak India business environment in...
- Ola boss Bhavish Aggarwal shows off his dance moves, shakes a leg to ‘Bijlee Bijlee’; video goes viralAggarwal seemed to be enjoying himself as he attempted the popular hook step of the dance number.
- View: Not an unwise sleight of hand in this BudgetBudget 2021 could have done more for boosting public investment in agriculture and increasing government spending beyond what is incurred o...
- Samsung disbands online business team that functioned under Asim WarsiThe scrapping of the dedicated online team comes in the backdrop of a continued backlash from brick-and-mortar retailers alleging that Sams...
- Banks relieved as govt will foot bill for interest waiverThe government’s proposal to pick up the tab for the waiver of 'interest on interest' on loans of up to Rs 2 crore clears the uncertainty o...
- Budget 2020 may see spending stimulus instead of income tax reliefAmid the slowdown, the government may opt for a spending stimulus in the Budget, with more funds allocated to infrastructure development an...
- Strict bank rules force changes in diamond trade practicesHarsh new rules laid down by banks are forcing diamond industry to restructure the very business.
- Zivame founder Richa Kar to pull back from daily operations, COO to take overCOO Shaleen Sinha, who was hired in November 2015 from the Aditya Birla group, has taken over as a result of what is being called an invest...
- Snapdeal hires Jeyandran Venugopal to map out future technology, R&D activitiesThe University of Illinois at Urbana-Champagne alumni was with Amazon Web Services, the cloud computing unit of Amazon, the world’s largest...
- Budget 2015: Central funding in social welfare schemes to states likely to be slashed by 25-30%The planned change follows the YV Reddy-led 14th Finance Commission's recommendation on higher fund transfers to states.
- After 9 years, Kashmir Package continues to remain on paperPMRP aimed at setting up 65 projects worth Rs 24099.47 cr within 5 years is pending and the cost has escalated to Rs 35261.04 cr.
- ZTE Corporation to shut R&D operations in IndiaBut the impact on the company's services business is likely to be even more severe than R&D as contracts dry up amid reduced networks gear ...
- Wipro posts weak Q4 nosAmong the top cos that have declared results so far, TCS has been most optimistic in terms of market commentary. Infy has been downbeat for...
- Government banking on savings from flagship social schemes like NREGA, lower commodity prices to keep deficit in checkThe finance ministry is betting on substantial savings in some of the flagship social schemes and lower commodity prices to keep finances i...
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